Jupiter Power is an energy infrastructure company focused on the development, construction, and operation of battery energy storage assets in wholesale electricity markets.  Formed in 2017, the company is a national leader in energy storage deployment, utilizing its proprietary dispatch optimization applications to support both merchant and contracted structures. Backed by BlackRock’s Diversified Infrastructure business, Jupiter Power has a strategic and established portfolio of nearly 1,400 MW / 2,800 MWh in operations or under construction in the U.S., with a leading pipeline of over 12,000 MW in active development.

We are seeking Manager, Portfolio Management & Project Finance, to join our Finance & Capital Markets/ Portfolio Management team. In this role, you will be responsible for managing project-level financing, lender and tax equity reporting obligations, and complex funding events across the company’s standalone battery storage portfolio.

This role is execution-focused and highly cross-functional, with direct responsibility for Term Conversions, Substantial Completion (SC) fundings, Conditions Precedent (CP) management, and ongoing compliance with debt and tax equity requirements. The role will also play a key part in ensuring a smooth transition of projects from the deal team to the Portfolio Management team by establishing and maintaining a structured hand-off process.

This role will be based out of our Houston, TX office and is subject to our Company’s return-to-office policy which currently requires a minimum of three days a week in the office.

Key Responsibilities

Portfolio Management & Reporting

• Support ongoing lender and tax equity reporting obligations, including monthly, quarterly, and ad-hoc deliverables.
• Prepare and review compliance certificates, funding notices, Responsible Officer certificates, Minimum Liquidity certificates, DSCR calculations, and other required deliverables.
• Track and manage covenant compliance across multiple project-level and holdco financings.

Fundings, Term Conversions & CP Management

• Lead execution support for Substantial Completion (SC) fundings, Term Conversions, and other financing events.
• Maintain detailed CP trackers across debt and tax equity facilities, coordinating inputs from Legal, Accounting, Asset Management, Engineering, and external advisors.
• Interface directly with lenders, tax equity investors, lender counsel, and independent engineers to drive timely CP satisfaction and funding close.
• Review and reconcile sources and uses, flow-of-funds statements, and funding calculations.

Deal-to-Portfolio Handoff & Process Management

• Establish and manage a structured hand-off process for transitioning projects from the deal team to the Portfolio Management team post-close.
• Ensure key financing assumptions, reporting requirements, covenant obligations, and model mechanics are clearly documented and transferred.
• Coordinate with Origination, Legal, Accounting, and Asset Management to confirm all executed agreements, models, and reporting templates are properly archived and understood.
• Identify and implement process improvements to reduce execution risk during post-close transitions.

Financial Modeling & Analytics

• Build, review, and maintain project finance models incorporating construction debt, term debt, tax equity structures, cash waterfalls, and reserve mechanics.
• Experience building and maintaining HLBV (Hypothetical Liquidation at Book Value) tracking models for tax equity–financed projects, including capital account reconciliations, distribution waterfall alignment, and flip-point monitoring.
• Analyze funding mechanics, interest accruals, cash sweeps, distributions, and post-funding cash balances.
• Support variance analysis between model outputs and actual cash activity.

Cross-Functional Coordination

• Act as a key point of coordination between Finance, Legal, Accounting, Asset Management, Development, and Engineering teams.
• Support process improvement initiatives related to reporting templates, CP tracking, document management, and portfolio-level analytics.
• Assist in mentoring and reviewing work product from analysts supporting the portfolio.

Requirements

• Minimum 5 years of experience in project finance, portfolio management, infrastructure finance, or renewable energy finance.
• Strong understanding of project finance debt and tax equity structures, preferably in renewable energy or battery storage.
• Demonstrated experience supporting SC fundings, term conversions, and complex financings.
• Advanced proficiency in Excel financial modeling, including cash waterfalls, debt sizing, and scenario analysis.
• Familiarity with financing agreements, CP requirements, and lender/tax equity reporting frameworks.
• Strong organizational skills with the ability to manage multiple financings and deadlines simultaneously.
• Excellent written and verbal communication skills; comfortable interacting with senior internal stakeholders and external counterparties.

In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus and equity programs. Jupiter Power offers a variety of other benefits including paid time off, 401k with limited matching, health benefits (medical, dental, and vision), life insurance, disability insurance, and flexible spending accounts.

Jupiter Power does not discriminate based on a candidate's race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, disability, or any other protected class.